Commercial Insurance Packages

This participative workshop provides an introduction to commercial insurances. It offers a broad overview of the purpose and content of commercial insurance packages for those involved in providing basic technical or administrative services.

At the end of this workshop participants will be able to: 

• Explain the benefits of a package policy approach
• Identify which types of customer could benefit from a commercial insurance package
• Outline the usual policy structure and the variations which might be encountered
• Describe the major risk, underwriting and rating considerations of commercial insurance packages
• Outline the policy cover, conditions and exclusions of commercial insurance packages
• Describe the main considerations when dealing with commercial insurance claims

CONTENT

• Risks encountered by SME commercial organisations
• Policy structure
• Underwriting considerations and information requirements
• Major covers overview - property damage, business interruption, money, and liability (EL, PL, products)
• Optional covers overview – computers, goods in transit, fidelity guarantee and legal expenses
• Main policy conditions/exclusions
• Claims considerations

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

DATE:

1ST BATCH:              31st Mar– 3rd April, 2020

2ND BATCH:             21st –24th July, 2020

3RD BATCH:             10th – 13th November, 2020